BTCUSD now meeting resistance at the sloping downtrend line

16 ก.ค. 2019

As the bears continue to weigh us down away from 11000 at every chance we now respecting the sloping resistance line on the downtrend, nonetheless we still need a decision as there are wicks flying in every other direction. There is a lot of selling and buying as swings as high as 6% make for considerable profits in either directions. I would await a lower low to be set to stack in BTC and a higher high to be set to confirm a bull run, as far as things stand we are pretty much even.